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Coinbase Premium Gap drops to -$57, signaling heavy US selling

Crypto Briefing
The Coinbase Premium Gap fell to -$57, indicating strong Bitcoin selling pressure from US investors.

Summary

The Coinbase Premium Gap, which measures the Bitcoin price difference between Coinbase and global exchanges like Binance, has dropped to -$57. This negative reading signals significant selling pressure from US investors, suggesting that Bitcoin is trading lower on Coinbase compared to global markets. This trend points to soft US institutional demand as 2025 concludes, potentially driven by year-end de-risking, profit-taking, tax-related selling, or ETF outflows. A negative gap suggests that upside momentum is currently limited until US institutional buying resumes and pushes the gap back into positive territory.

(Source:Crypto Briefing)